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Balfour Beatty wins road and rail contracts worth approximately £160 million

12 Jun 2006

Balfour Beatty, the international engineering construction and services group announces today that it has been awarded road and rail contracts worth approximately £160 million.

In the US, Balfour Beatty Construction Inc, the group’s civil engineering subsidiary, has been awarded a $193 million contract by the California Department of Transportation (Caltrans) to upgrade Interstate Highway I-5 in Orange County, California. The project, which will be carried out in joint venture, involves the improvement of two miles of highway and six bridges in the Buena Park area.

In China, Balfour Beatty Rail Power Systems, the group’s Munich based rail electrification and power supply business, has been awarded a €78 million project to electrify 619 kilometres of double track railway between Tianjin and Shenyang in Liaoning Province. In addition to a new overhead catenary system the project involves 11 new traction substations and electronic interlocking and other signal equipment installation.

Work on both projects starts immediately.

Balfour Beatty Construction Inc has a strong long-term position in the Californian transportation market. It has a successful track record of working with Caltrans including the creation and maintenance of the Alameida rail corridor link to Los Angeles Port and the seismic retrofit of the Golden Gate Bridge in San Francisco to increase its resistance to potential earthquake impact.

Balfour Beatty Rail Power Systems has wholly owned foreign enterprise status in China. It was responsible for the largest Chinese Rail electrification project to date - delivering the complete catenary and power supply systems for the 950 kilometre double-track line between Harbin and Dalian.

ENDS

Enquiries to:

Tim Sharp
Tel: 020 7216 6884

www.balfourbeatty.com

Notes to Editors

  1. Balfour Beatty Construction Inc builds roads, tunnels, bridges and other infrastructure, principally for the transportation market in the US. It is based in Atlanta. Its principle operations are in California, Texas, Pennsylvania and Ohio. It has annual sales of over £300 million.

  2. Balfour Beatty Rail Power Systems is a world leading railway electrification and power supply business based in Munich. It is a major supplier to the national rail network owners in Germany, Italy, Sweden, Spain and Austria and has other substantial operations in Portugal, the Netherlands and China. It has annual sales of over £300 million.

  3. Balfour Beatty is a world-class engineering, construction and services group, well positioned in infrastructure markets which offer significant growth potential. Its partnerships with public and private customers generate secure, sustainable income. Its financial position, with significant net cash and with strong operating cash flows, offers continuing flexibility to add additional capacity and expertise to the business mix and to make appropriate investments in PPP and other long-term growth opportunities.
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